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January feels like a very long time ago. Nevertheless, IATA has released its results for the month in its normal less-than-timely fashion. As expected, January saw the pace slow “quite markedly from December”. It cited weaker economic drivers and operational disruptions. Cargo ton kilometres saw the greatest month-on-month fall since April 2020. But we can expect some notable changes following the outbreak of war in eastern Europe, it added.

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